3.6 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

Broadcom has received 72.18% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Broadcom and other stocks. Vote “Outperform” if you believe AVGO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AVGO will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.0 Company Ownership

In the past three months, Broadcom insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $16,643,562.00 in company stock.

Miscellaneous

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Broadcom (NASDAQ:AVGO) Frequently Asked Questions

How has Broadcom's stock been impacted by COVID-19 (Coronavirus)?

Broadcom's stock was trading at $245.97 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, AVGO shares have increased by 28.9% and is now trading at $317.08. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Broadcom?

34 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Broadcom in the last year. There are currently 1 sell rating, 4 hold ratings and 29 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Broadcom.

When is Broadcom's next earnings date?

How were Broadcom's earnings last quarter?

Broadcom Inc (NASDAQ:AVGO) announced its quarterly earnings data on Thursday, June, 4th. The semiconductor manufacturer reported $5.14 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $5.14. The semiconductor manufacturer earned $5.74 billion during the quarter, compared to the consensus estimate of $5.69 billion. Broadcom had a return on equity of 32.11% and a net margin of 10.97%. The business's revenue for the quarter was up 4.1% on a year-over-year basis. During the same period in the previous year, the firm posted $5.21 earnings per share. View Broadcom's earnings history.

How often does Broadcom pay dividends? What is the dividend yield for Broadcom?

Broadcom announced a quarterly dividend on Thursday, June 4th. Investors of record on Monday, June 22nd will be given a dividend of $3.25 per share on Tuesday, June 30th. This represents a $13.00 dividend on an annualized basis and a yield of 4.10%. View Broadcom's dividend history.

What guidance has Broadcom issued on next quarter's earnings?

Broadcom issued an update on its third quarter 2020
After-Hours earnings guidance on Thursday, June, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $5.6-5.9 billion, compared to the consensus revenue estimate of $5.79 billion.

What price target have analysts set for AVGO?

34 analysts have issued 12 month price targets for Broadcom's shares. Their forecasts range from $215.00 to $385.00. On average, they expect Broadcom's share price to reach $332.00 in the next year. This suggests a possible upside of 4.7% from the stock's current price. View analysts' price targets for Broadcom.

What are Wall Street analysts saying about Broadcom stock?

Here are some recent quotes from research analysts about Broadcom stock:

1. According to Zacks Investment Research, "Broadcom delivered mixed fiscal first-quarter results, wherein earnings surpassed the estimates, while revenues lagged the same. Moreover, the company withdrew prior guidance for fiscal 2020, owing to coronavirus crisis-led uncertainty. Further, slowdown in IT spending, as estimated by IDC, remains an overhang. Notably, shares have underperformed the industry in the past year. However, the company is well poised to gain from roll outs of 5G smartphones in semiconductor space amid accelerated deployment of 5G. Further, synergies from acquisitions of Brocade, CA and Symantec’s enterprise security business are expected to boost Broadcom’s presence in infrastructure software vertical, in the days ahead. Broadcom is well-positioned to address the needs of rapidly growing technologies like IoT and 5G, backed by an expanding product portfolio." (3/18/2020)

2. Rosenblatt Securities analysts commented, "We see Huawei as already built in to the current share price for AVGO and reiterate our Buy rating and $350 PT into the print (Thursday, June 13 th ) on the company’s secular semiconductor prospect and FCF generation." (6/10/2019)

Has Broadcom been receiving favorable news coverage?

Headlines about AVGO stock have trended extremely negative recently, according to InfoTrie. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Broadcom earned a daily sentiment score of -5.0 on InfoTrie's scale. They also assigned headlines about the semiconductor manufacturer a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near term. View the latest news aboutBroadcom.

Are investors shorting Broadcom?

Broadcom saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 5,380,000 shares, a decrease of 14.6% from the April 30th total of 6,300,000 shares. Based on an average daily trading volume, of 3,590,000 shares, the short-interest ratio is presently 1.5 days. Currently, 1.4% of the company's shares are sold short. View Broadcom's Current Options Chain.

Which institutional investors are selling Broadcom stock?

AVGO stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, Jennison Associates LLC, Invesco Ltd., Alliancebernstein L.P., Toronto Dominion Bank, JPMorgan Chase & Co., Schroder Investment Management Group, and Bank of New York Mellon Corp. Company insiders that have sold Broadcom company stock in the last year include Bryan Ingram, Charlie B Kawwas, Hock E Tan, Kirsten M Spears, and Mark David Brazeal. View insider buying and selling activity for Broadcom.

Which institutional investors are buying Broadcom stock?

AVGO stock was acquired by a variety of institutional investors in the last quarter, including Capital International Investors, Capital Research Global Investors, Wellington Management Group LLP, American International Group Inc., Clearbridge Investments LLC, Nuveen Asset Management LLC, BlackRock Inc., and Caisse DE Depot ET Placement DU Quebec. View insider buying and selling activity for Broadcom.

How do I buy shares of Broadcom?

Shares of AVGO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Broadcom's stock price today?

One share of AVGO stock can currently be purchased for approximately $317.08.

How big of a company is Broadcom?

Broadcom has a market capitalization of $126.77 billion and generates $22.60 billion in revenue each year. The semiconductor manufacturer earns $2.72 billion in net income (profit) each year or $17.41 on an earnings per share basis. Broadcom employs 19,000 workers across the globe.